1-bed · 811 sqftAxis Silver 1, Dubai Silicon Oasis · 2nd floor · completed 2015

203, Axis Silver 1

Sold prices and rental history: sold twice, last in March 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 25 March 2024
Last soldAED 730K25 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Axis Silver 1

What is 203 worth today?

Last sold for AED 730,000 in 2024

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25 Mar 2024Sold by developerReady
AED 730,000AED 899 per sqft
25 Mar 2024SoldReady
AED 730,000AED 899 per sqft

Source: Dubai Land Department. Updated 25 March 2024.

Key facts

Type
1-bed apartment
Size
811 sqft
Floor
2nd of 8
Parking
G-107
Developer
Gulf General Investments Co
Completed
2015
Service charge
AED 10,500 /yr
Last sold
AED 730K · March 2024

About 203, Axis Silver 1

203 is a one-bedroom apartment of 811 sqft on the 2nd floor of Axis Silver 1, a 8-storey tower in Dubai Silicon Oasis completed in 2015 by Gulf General Investments Co. The developer sold it on 25 March 2024 for AED 730,000, or AED 899 per sqft, 47% above the AED 610 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical one-bed in Axis Silver 1
600K800K20152018202120242027Typical sale price by year: 2015 AED 814,487; 2018 AED 739,125; 2019 AED 650,930; 2020 AED 643,591; 2021 AED 492,500; 2022 AED 520,000; 2023 AED 495,000; 2024 AED 655,000; 2025 AED 740,394; 2026 AED 810,000Sold by developer, March 2024: AED 730,000 (AED 899 per sqft)Sold, March 2024: AED 730,000 (AED 899 per sqft)

203 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 203, each contractTypical one-bed in Axis Silver 1
40K60K2018202120242027Typical rent by year: 2018 AED 57,000; 2019 AED 48,000; 2020 AED 40,750; 2021 AED 36,000; 2022 AED 38,000; 2023 AED 43,000; 2024 AED 48,000; 2025 AED 58,000; 2026 AED 59,250

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Axis Silver 1, and where 203 sits

All 120 1-beds →

203 last sold in March 2024 at AED 899 per sqft, 47% above what one-beds in Axis Silver 1 were fetching at the time (AED 610). Over the last 12 months one-beds sold for AED 750,000 to 890,000, around AED 987 per sqft, and rent for AED 38,557 to 80,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
19 Aug 2026890,000
20 Apr 2026800,000
4 Mar 2026825,000
16 Feb 2026850,000
12 1-bed sales in the last 12 months

Axis Silver 1

Building

120 apartments, 1-bed over 8 floors in Dubai Silicon Oasis, completed in 2015 by Gulf General Investments Co. 12 sold in the last 12 months.

Typical price per sqft
AED 987 Up 10.8%
Typical sale
AED 800K
Typical rent
AED 60K /yr
Typical yield
7.4%
Axis Silver 1, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 2nd floor

All 120 units in Axis Silver 1
Value
2011-bedAED 463K · Jan 2022
2021-bedAED 651K · Sep 2019
2041-bedAED 641K · Nov 2020
2051-bedAED 730K · Mar 2018
2061-bedAED 737K · Mar 2018
2071-bedAED 644K · Apr 2019
2081-bedAED 750K · May 2025
1–7 of 14

203, Axis Silver 1 in numbers

  • Sold twice: first on 25 March 2024 for AED 730,000, last on 25 March 2024 for AED 730,000 (AED 899 per sqft).
  • One-beds in Axis Silver 1 sold for AED 750,000–890,000 in the 12 months to November 2026; the building's median across all types is AED 987 per sqft.

Source: Dubai Land Department. Updated 25 March 2024.

Questions about 203, Axis Silver 1

What did unit 203 last sell for?

AED 730,000 on 25 March 2024, sold by the developer: AED 899 per sqft for 811 sqft. The unit has 2 registered sales; the first was AED 730,000 in March 2024.

How big is unit 203?

811 sqft (75.3 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2015.

What is unit 203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Axis Silver 1 sold for AED 750,000 to 890,000 in the last 12 months, around AED 987 per sqft.

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Mortgage on 203, Axis Silver 1

Starts from the last sale price (AED 730K, 25 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 730,000
Deposit, UAE resident (20%)
AED 146,000
Deposit, non-resident (40%)
AED 292,000
Monthly over 25 years at 3.7%
AED 2,987

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →